Discover Affordable Mahogany Homes for Sale Under $500,000 in Calgary (Updated Daily)

Mahogany, the vibrant and desirable community in Calgary, is not just known for its luxurious lakefront properties. The neighborhood also offers a selection of homes for sale under $500,000, providing an excellent opportunity for first-time homebuyers, young families, and those seeking more affordable options without compromising on the Mahogany lifestyle.

Highlights of Mahogany Homes Under $500,000 in Calgary

  1. Lakeside Living at a Lower Price Point: While Mahogany is renowned for its premium lakefront homes, the community also features more affordable options, allowing residents to enjoy the benefits of lakeside living without breaking the bank.

  2. Diverse Home Styles: The homes for sale under $500,000 in Mahogany come in a variety of styles, including townhouses, semi-detached, and compact single-family residences, catering to diverse homebuyer needs and preferences.

  3. Functional and Efficient Layouts: These more affordable Mahogany homes often feature well-designed floor plans that maximize living space, with open-concept living areas, ample storage, and thoughtful use of square footage.

  4. Modern Finishes and Amenities: Even at the lower price point, the Mahogany homes under $500,000 boast contemporary finishes, such as stainless steel appliances, quartz or granite countertops, and energy-efficient features, providing a sense of quality and comfort.

  5. Access to Community Amenities: Regardless of the home's price, Mahogany residents enjoy full access to the community's exceptional amenities, including the 49-acre lake, parks, walking trails, recreation centers, and a vibrant commercial district.

  6. Ideal for First-Time Homebuyers: The Mahogany homes under $500,000 represent an excellent entry point into the Calgary real estate market, allowing first-time homebuyers to establish a foothold in a highly desirable community.

  7. Investment Potential: With Mahogany's reputation for growth, desirability, and continuous development, these more affordable homes can offer strong long-term investment opportunities for homeowners.

  8. Convenient Location: Mahogany's strategic location provides easy access to major transportation routes, employment hubs, and a variety of recreational and leisure options, making it an attractive choice for a wide range of homebuyers.

Work with a Trusted Real Estate Professional

To explore the available Mahogany homes for sale under $500,000 in Calgary, we recommend partnering with a seasoned real estate expert like Diane Richardson. Diane's deep understanding of the local market and commitment to personalized service will ensure you find the perfect home that aligns with your budget, lifestyle, and investment goals.

Contact Diane Richardson:
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Discover the Affordable Allure of Mahogany, Calgary

Explore the captivating Mahogany homes for sale under $500,000 in Calgary, where lakeside living, modern amenities, and exceptional value converge. Partner with Diane Richardson to find your dream home in this vibrant and desirable community.

There are several ways to contact Diane Richardson:

  1. Contact form: Fill out the contact form on my website to send me a message directly from the page. Please include your name, email address, and a message, along with the property address or MLS® number for the listing you're interested in.

  2. Phone number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email address: Reach out to me at Diane@Mypadcalgary.com with any questions or to request more information.

  4. Live chat: Utilize the live chat feature on my website to get in touch with me in real-time and receive immediate answers to your questions.

No matter which method you choose, I'm always here to assist you with your real estate needs.

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2205, 2207 22 Street SW
Richmond Calgary T2T 5E9

$1,049,900
Residential beds: 6 baths: 3.0 1,824 sq. ft. built: 1962

Main Photo: 2205, 2207 22 Street SW in Calgary: Richmond Full Duplex for sale : MLS®# A2217280
Photo 1: 2205, 2207 22 Street SW in Calgary: Richmond Full Duplex for sale : MLS®# A2217280
Photo 2: 2205, 2207 22 Street SW in Calgary: Richmond Full Duplex for sale : MLS®# A2217280
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Photo 43: 2205, 2207 22 Street SW in Calgary: Richmond Full Duplex for sale : MLS®# A2217280
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2217280
Bedrooms:
6
Bathrooms:
3
Year Built:
1962
INVESTOR & DEVELOPER ALERT! Whether you're looking to live on one side and rent the other, add income suites, or redevelop, this updated property offers maximum flexibility in a prime inner-city location just minutes to downtown, schools, parks, and vibrant Marda Loop. Located in the highly sought-after community of Richmond, this fully updated duplex offers incredible potential with R-CG zoning – with potential for suites, or multi-residential development (subject to city approval). Each side features a side entry, making it ideal for adding legal basement suites or generating multi-stream rental income. Both units have been tastefully updated and are currently move in ready. Don't miss this opportunity to own a cash-flowing property in one of Calgary’s best redevelopment zones!
Property Type:
Residential
Property Sub Type:
Full Duplex
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
1,824.24 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,505 sq. ft.
Lot Frontage:
50'½"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
Southwest
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
9
Year built:
1962 (Age: 63)
Bedrooms:
6 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
5140AG
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Richmond
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
Both units included same included appliances
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'9" × 10'11"
Main Floor
Kitchen
16'7" × 10'3"
Main Floor
Living Room
19'2" × 13'1"
Main Floor
Bedroom - Primary
11'10" × 10'2"
Main Floor
Bedroom
11'9" × 10'9"
Main Floor
Kitchen
16'8" × 10'6"
Main Floor
Living Room
18'8" × 13'1"
Main Floor
Living Room
13'1" × 10'2"
Main Floor
Bedroom - Primary
11'9" × 10'2"
Basement
Bedroom
10'8" × 9'10"
Basement
Bedroom
10'7" × 9'9"
Basement
Laundry
19'10" × 14'8"
Basement
Game Room
18' × 16'4"
Basement
Other
31'8" × 29'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8'3" x 4'11"
Main Floor
No
4
8'3" x 5'1"
Basement
No
4
7' x 5'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Kitchen Island, Open Floorplan
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
May 08, 2025
Days on Mkt:
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Virtual Tour

Listed by Real Broker
Data was last updated May 18, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$1,099,000
Min list price:
$219,000
Max list price:
$1,699,999
Avg days on market:
29
Min days on market:
2
Max days on market:
240
Avg price per sq.ft.:
$542.42
These statistics are generated based on the current listing's property type and located in Richmond. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706